Expansion Plans and Strategic Goals
LetsDressUp (LDU) will utilize the Rs 11 crore funding to expand its team, diversify its product portfolio, and enhance technology. The brand also plans to broaden its presence across various channels and categories, aiming to reach a wider audience.
Co-founder Insights on the Funding
Drishti Anand, co-founder of LDU, commented on the funding, stating, “We are creating a win-win model at LDU. Our agile supply chain helps us cater to the growing needs of consumers by providing them with fresh designs every week without them being out of stock. This also empowers the manufacturers to earn more and better their lives.”
Investor’s Perspective
Kamal Bansal, Managing Director at GVFL Limited, added, “We see immense potential in LDU’s approach to transform the fashion industry with their zero dead-inventory model and nimble supply chain. The investment aligns with our commitment to sustainability and efficiency.”
About LetsDressUp
Founded in 2019 by Drishti Anand and Aditya Balani, LetsDressUp retails through its website and leading e-commerce platforms. The brand’s innovative approach and sustainable practices are set to revolutionize the fashion industry.
